Articles by Maya Ando
Kirkland & Ellis added new lawyers to strengthen Asia operation
Kirkland & Ellis has added several new senior lawyers to its Hong Kong office, including Nicholas Norris, John Otoshi, Benjamin Su, Dominic Tsun, Li-Chien Wong, Ashley Young and David Zhang.
Former Infosys CFO to launch India PE fund
T.V. Mohandas Pai, the former CFO of Infosys, is reportedly planning to raise a private equity fund worth $100 million and is already closing in on his first investment.
CITIC's mezzanine initiative still veiled in secrecy
The news was brief yet had potentially far-reaching consequences: the private equity arm of Chinese financial behemoth CITIC Group would launch a RMB5 billion ($777 million) renminbi-denominated mezzanine fund.
TPG eyes controlling stake in Indonesian tire manufacturer
US buyout firm TPG Capital has emerged as a potential bidder for Indonesian tire manufacturer Multistrada Arah Sarana, Reuters reported. It faces competition from South Korea's Hankook Tire and Japan’s Yokohama Rubber.
Higashiyama Film accepts CITIC Capital Japan's takeover bid
CITIC Capital Partners Japan announced that its tender offer for Higashiyama Film, a Nagoya-based industrial use film maker special film maker, has been accepted.
IDFC injects additional $18 m in Green Infra
IDFC Private Equity, a wholly-owned unit of India's Infrastructure Development Finance Company, will invest INR800 million ($18 million) in clean energy producer Green Infra. IDFC originally incubated the company in 2008 and has already invested INR3.6...
Temasek forms JV with South Africa's Oppenheimer family
Singapore’s sovereign wealth fund Temasek Holdings will form a joint venture private equity fund with South Africa’s E. Oppenheimer & Son International. James Teeger, group managing director at E. Oppenheimer, told Reuters that each party would make an...
Terra Firma to open Beijing office
European private equity firm Terra Firma has received the regulatory green light to open a representative office in Beijing, marking its foray into Asia.
Blackstone invests in leading Indian IT park
The Blackstone Group will acquire a 37% stake in Manyata Promoters, which operates high technology park in Bangalore, India, for around $200 million. The investment is said to value the entire development at $550 million.
KKR hires former Nomura India executive director
KKR has appointed Dhiren Mehta, formerly of Nomura, as a director of its Indian operation. Mehta will work out of KKR’s Mumbai office, which is led by the Sanjay Nayar, CEO of KKR India and B.V. Krishnan, head of the private equity firm's non-banking...
INCJ: Collaborator or competitor?
The Innovation Network Corporation of Japan (INCJ) has always divided opinion. The government-run entity, which operates with the support of local corporations, is intended to support new growth businesses.
IBK Capital Q to invest in Hankook Silicon
IBK Capital-Q Capital Partners, which is backed by The Korea Finance Corp. (KoFC), will invest KRW40 billion($38 million) in Hankook Silicon(HKS), the third-largest polysilicon manufacturer in South Korea, according to local media reports. The size of...
Singapore's Mapletree acquires Hong Kong shopping mall
Singapore-based real estate investment firm Mapletree Investments will acquire Hong Kong’s popular shopping mall Festival Walk in Kowloon Tong for around HK$18.8 billion ($2.4 billion) from Swire Properties.
CLSA makes $15m investment in Indonesian tea company
CLSA Capital Partners (CLSACP) has invested $15 million in PT Sari Wangi AEA, which claims to be the largest privately held tea company in Indonesia.
SBI launches $24m fund with Greater China corporates
Japanese financial group SBI Holdings will jointly launch a $24 million venture fund with Taiwanese financial corporation Shin Kong Group and Hong Kong-based real estate firm Nang Fung Group.
Phoenix Capital to sponsor failed Japanese department store
Phoenix Capital, a private equity firm specializing in turnaround investments, has brokered a sponsorship agreement with bankrupt Japanese department store Nakasan Co., which claims debt of JPY11.4 billion ($1.43 million).
J.C Flowers considers joint bid with TStone for Woori
J.C. Flowers is in talks with TStone, the South Korean private equity firm, to join the bid for a 57% stake in Woori Financial Holdings that is being divested by the Korean government, Reuters reported.
India's L&T plans infrastructure-focused private equity fund
Larsen and Toubro (L&T), an Indian engineering and construction company, is preparing to launch a private equity fund which will invest infrastructure projects, The Economic Times reported.
Hony makes first foray into Japan
Hony Capital secured two significant firsts with its purchase of a 20% stake in Tokyo-listed hotel chain operator and real estate business Tokai Kanko for JPY1.4 billion ($17.8 million).
Funds monetize Japan's aging demographic
Japan may be the world second-largest economies but, by Asian standards, it is also one of the most mature. GDP growth is lackluster and the consumer market is pedestrian compared to those of the region’s emerging nations, which are still driven by urbanization,...
JAIC forms $45m joint venture in Shenyang
Japan Asia Investment Company (JAIC) will form a joint venture fund with Shenyang Wanrun New City Investment Management to make investments in Chinese and Japanese firms.
CPPIB makes first direct investment in Hong Kong real estate
Canada Pension Plan Investment Board (CPPIB) has acquired a 50% stake in Interlink, a Hong Kong building owned by Goodman Group, for approximately C$285 million ($301 million). The deal, which comprises an equity commitment of around C$205 million and...
DRC to delist mountain equipment maker Kojitsu
DRC Capital, a Tokyo-based mid-size buyout firm, will de-list Japanese mountain equipment maker and retailer Kojitsu from Osaka JASDAQ in a deal thought to be worth JPY3.14 billion ($40 million).
CLSA invests $20m in Indonesian auto financing firm
CLSA Capital Partners (CLSACP) has agreed to pay $20 million for a minority stake in PT Sinar Mitra Sepadan Finance (SMS Finance), an Indonesian auto financing firm.